Business

Wynn Resorts chairman's 2010 pay: $14.6 million

By Chris Sieroty
LAS VEGAS REVIEW-JOURNAL
Posted: Apr. 15, 2011 | 2:04 a.m.

Wynn Resorts Ltd. Chairman and Chief Executive Officer Steve Wynn earned more than $14.6 million in 2010 from a compensation package that was approved a year earlier.

In a filing Wednesday with the Securities and Exchange Commission, the company revealed that Wynn's compensation package last year increased $6.3 million from 2009.

Wynn, 69, earned $2.95 million in base salary and a bonus of $3.22 million last year. He also received $6.9 million in nonequity compensation and $1.54 million in all other compensation.

In an SEC filing in February, Wynn Resorts announced Wynn's base salary would be increasing to $4 million. His raise was effective Feb. 24.

Wynn also receives the use of a company aircraft valued at $942,641, a company-provided villa, and medical and life insurance. The compensation package does not include stock and option awards until the stocks vest or options are exercised.

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  1. jr62 Apr. 16, 2011 | 4:16 p.m. Report Abuse

    You gotta be kidding this clown is getting this much a year ? Should it be 2 villas since he joined 2 together.... should be way more than over 900K in air, all the trips to switzerland, etc etc while his employees are at $10hr, and lets not forget his upcoming marriage, which may last 2 years and cha ching, lets 1/2 the money up again!

  2. spenditall Apr. 15, 2011 | 3:10 p.m. Report Abuse

    Congratulations! I think this guy deserves a tax break.

  3. Kilgore.Trout Apr. 15, 2011 | 1:40 p.m. Report Abuse

    No, Big J', Steve is not an Obama supporter...quite the opposite. You may now return to the floating crap game.

    Let's face it, anyone who knows as much as Mr. Wynn (which is pretty much everything if you ask him) deserves all this and more. Perhaps he and Trump should form a presidential partnership. I'm sure that would make life better for all of us.

  4. Big Julie Apr. 15, 2011 | 1:03 p.m. Report Abuse

    Isn't Wynn another obumba supporter?

  5. proud democrat Apr. 15, 2011 | 12:29 p.m. Report Abuse

    How is he suppossed to afford another Picasso on that??? He clearly needs to have his taxes cut even more at the federal level and don't dare raise his taxes on his casinos...that would be redistrubtion of wealth...lol

  6. aldo Apr. 15, 2011 | 12:17 p.m. Report Abuse

    And the employees got a $.10/hr raise. That's $200 per year before taxes.

  7. jdsummerlin Apr. 15, 2011 | 8:58 a.m. Report Abuse

    His new wife will take care of his money...all the way to Oscar De Laurenta's door!

  8. concerned Apr. 15, 2011 | 7:08 a.m. Report Abuse

    i see now why breakfast cost $25 at his properties.

  9. Chandler_L Apr. 15, 2011 | 5:55 a.m. Report Abuse

    And how much did he earn as a stock holder on stock valued at $?

  10. Southside Teddy Apr. 15, 2011 | 4:43 a.m. Report Abuse

    Way to go the Steve , you run a gr8 place and good to see you are making money, Garys co. lost a half bilion last year , He wants to be just like you ,

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